RE:RE:International markets still in the greenThese indicators have little bearing on the lack of Li supply....fact is that all major car companies globally are transitioning to EVs whether inflation is running hot or cold....demand is outstripping supply and only a depression would put a halt to this phenomenon.
My other half cent of wisdom -- these CPI numbers are backwards looking and lagging indicators....from my present day perch I see inflation dropping (specially the prices of housing and energy) and I also see the job market not nearly as tight as it has been....buddy of mine put out an add for employees 4-5 months ago and got 15 candidates to apply...put out same request last week and has over 200 applicants....so wage pressure is deminishing. So I for one do not expect inflation to run hot for too much longer....we shall see